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Bernanke: Housing Correction May Persist; Inflation Still a Concern

Article Submitted by: Sam Cass
The Economy

Tags: Interest rates, Economy, Inflation, Federal reserve, Fed, Bernake.

Bernake expects the economy to continue to expand in 2007 and strengthen further in 2008. The principal threats are housing and inflation.

I think the economy will be okay. A rising stock market will cure all.

Submitted: Jul 18, 2007 Views: 410 Comments: 1 Likes: 4

View Article: http://www.cnbc.com/id/19828462/site/14081545/

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Comments Received:

William Li

I saw some of the Humphrey Hawkins testimony this morning. Bernanke is decidedly sell sanguine about the economy than any of the cheerleaders on TV. I guess that he cannot be a cheerleader, but he needs to be somewhat objective.

Posted: Jul 18, 2007

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